Industries

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

(Photo by Towfiqu Barbhuiya on Unsplash)

Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
(Photo by Vladan Raznatovic on Unsplash)

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
(Photo by Blue Origin)

Industrials

Blue Origin Grounds Commercial Space Station Plans

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read

Healthcare

Wegovy-Maker Novo Teams with Online Pharmacies as Lilly Rivalry Heats Up

Photo by Chemist4U via CC BY-SA 2.0

Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

Photo by Hamza Inayat via Unsplash

Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

(Photo by Budding on Unsplash)

Industries

Bank Access Bill Might Finally Lift Marijuana Out of the Shadows

There’s been this little obstacle standing in the way of a functioning nationwide marijuana market: the law.

1 min read
(Photo by Andres Ayrton on Pexels)

Industries

The Anti-obesity Drug Market Is About to Get More Crowded

The weight loss drug market could be worth $100 billion in the next few years. Naturally, other companies want in.

2 min read
(Photo by Charlie Deets on Unsplash)

Electric Vehicles

Tesla Gets Caught In EU-China Crossfire

The EU’s antitrust investigation claims that China is artificially flooding the market with cheap EVs via enormous state subsidies.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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